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Recently Funded|Amount: USD 10.0M|Industry: Financial Services

Databento Secures $10M in Series A Funding to Revolutionize Market Data Access

Databento

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11-50 employees employees (Est.)
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Databento is thrilled to announce that we have successfully raised $10 million in our latest funding round, bringing our total funding since inception in 2019 to over $27.8 million. This new capital will enable us to further enhance our innovative self-service platform, which simplifies and accelerates access to comprehensive market data—a critical resource for both established financial institutions and emerging fintech startups. With a focus on live exchange feeds and extensive historical datasets, Databento empowers users to only pay for what they consume, revolutionizing the way market data is accessed and utilized. Our experienced team, comprised of veterans from renowned firms such as Two Sigma, Flow Traders, Virtu, and Stripe, has a proven track record in high-frequency trading, ensuring that we not only meet but exceed our clients' expectations. This funding will be instrumental in expanding our suite of products and services, investing in technology to improve data delivery speed and reliability, and scaling our operations to make our platform even more accessible to a diverse range of clients—from the world’s largest financial institutions to ambitious startups seeking to make their mark. At Databento, we are committed to democratizing access to market data, and this funding round is a key step toward achieving that mission. We look forward to leveraging this investment to strengthen our position in the market and drive innovation in the financial data landscape.
October 30, 2024

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